China’s gasoline, diesel prices set to decline

The most important and market-moving stories from the Chinese-language media

Domestic fuel prices are set to decline when the price adjustment window opens on Thursday, with gasoline falling US$53.75 a ton and diesel US$52.28 a ton, reported CCTV Finance on Wednesday evening. Gasoline with octane ratings of 90, 92 and 95 look set to drop to below 6 yuan per liter, or 88 US cents.国内油价迎来年内最大降幅 多地油价重返“5元时代”

What’s next for China’s bond yields?

Analysts interviewed by Caixin differ on the direction of China bond yields, with some seeing a fall in 10 year bonds, others forecasting it may break 3%. The yield was at 2.8652% Wednesday evening, up 20 basis points from the end of October. For 30 year bonds , the yield stands at 3.3231%, up more than 20 basis points since October 21.国债收益率大幅上行 调整是否结束存分歧

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Gree scraps Yinlong bid; resumes trade Thursday

Gree Electric Appliances Inc. has scrapped a takeover bid for Zhuhai Yinlong following opposition from shareholders, and Gree shares will resume trading on Thursday, according to a statement by the company to the Shenzhen Stock Exchange on Wednesday evening cited by National Economic Daily.珠海银隆爽约 格力电器造车梦碎今日复牌